IGNORE DANGER SIGNS OF THE COMING FINANCIAL CATASTROPHE AT YOUR OWN RISKPART 1

By: Devvy

September 28, 2004

NewsWithViews.com

"There may be a
recession in stock prices, but not anything in the nature of a crash."
- Irving Fisher, leading U.S. economist, New York Times, Sept. 5, 1929

Americans are
listening to the wrong people about the economy, specifically John
Kerry and George Bush, Jr. They constantly talk about our strong
economy, how many jobs they will create and how many trillions
of dollars they will spend promising the moon to the mob at
every campaign stop. This is not unusual. In the last weeks of the 2000
election, Marxist Al Gore, his paid mouthpieces and the great
programmer's (TV) high paid experts, were all chanting that Bill
Clinton's administration brought America the strongest economy in 50
years. As soon as Gore conceded, the politicians and media began
telling everyone Bush is facing a recession and it would be his
greatest challenge!

In roughly 34 days,
America went from riches to rags. Amazing! But, the signs of an economy
in trouble were already there during the Clinton administration and the
stress began to emerge: On December 5, 2000, Montgomery Wards, after 75
years in business, announced they would close their doors forever,
shutting down 250 stores and 10 distribution centers nationwide. This
doesn't happen overnight to a big company like Wards, it takes years.
On January 5, 2001 Sears Roebuck announced the closing of 89 stores.

These two retailers
had been major staples of America's retail landscape. Thousands of
employees were thrown out of work. Consider the trickle-down effect:
truckers for both companies would no longer travel, buy gas or have
those trucks maintained. Loss of dollars for businesses on their
routes. Employees from those two conglomerates end up on unemployment
and many on welfare when they couldn't find jobs and their unemployment
ran out. Loss of dollars for all ranges of businesses in their local
areas. This type of financial deterioration takes years to hit the
boiling point.

On December 25,
2000, the business section of the Sacramento Bee has finally exposed
something few care about: The utter and complete devastation of our
steel industry because of NAFTA & GATT. LTV Corporation, the No. 3
U.S. steel company in America filed for bankruptcy protection, blaming
unfair imports for driving steel prices to 20-year lows. The meltdown
begun when NAFTA was signed into law in January 1995 continues
destroying our critical job bases. We will see more of this meltdown
escalate because of these unconstitutional, destructive, global trade
treaties.

June 30, 2004 Associated Press: "U.S. Chamber of
Commerce President and CEO Thomas Donohue announced more plans to
promote the offshore outsourcing of jobs as a means of boosting the
economy and even increasing employment --Donohue believes exporting
high-paid tech jobs to low-cost countries such as India, China and
Russia saves companies money that they may use to create new jobs for
Americans....CEOs from Wall Street to Silicon Valley have embraced the
theory, and the pace of offshoring has shocked statisticians and
economists."

That's good for
America, right? What bunk. Shipping American jobs overseas to increase
the bottom profit line for stockholders is killing the middle class.
The above referenced article had more good news for stockholders: "The
job outlook in the San Francisco Bay area is particularly bleak. Nearly
one-third of local workers, or 31 percent, are worried about losing
their jobs." They
should be worried. Motorola is hiring 5,000 researchers for a
global research and development center in Communist Beijing, while
Intel employs hundreds of researchers at its Russia Software
Development Center in Nizhny Novgorod. Americans can feel good knowing
a commie in Beijing now has their good paying job while they had to
take a minimum wage job just to eat, never mind being able to afford
medical benefits. But, this is all good for American workers,
right?

Probably the most
revealing comment in the same article came from Forrester Research
Inc., analyst John McCarthy when he said, "Endlessly debating whether
off shoring is good or bad is pointless -- like debating whether you've
had a good trip on the Titanic while the iceberg comes into view....For
the unemployed guy to accept these business leaders position is like
believing Dick Nixon saying, 'Trust me, I'll take care of it all,
things will be fine.'"

Working against
American interests

The U.S. Chamber of
Commerce is rabidly anti-American and every single independent business
owner in this country should walk away from that organization. I have
traveled extensively through the states of the Union and I can tell you
I have seen hundreds of towns reduced to nothing because of
NAFTA & GATT. Once thriving little communities, these towns are now
empty of businesses and commerce, their young being forced into big,
crime infested inner cities in an effort to find work. I have seen the
despair as factories and farms have shut down. Globalism at work and it
will get worse. You can help by buying Made in the USA. Just go
to my web site, scroll down and
you'll see information on how to do it. I buy made in America or I go
without. I will NOT contribute to the further destruction of American
jobs just to buy a "thing."

Factually challenged
Marxist John Kerry, an old reprobate drug out of the caverns of
Congress as the anointed one to represent Democrats in the upcoming
Presidential election, continues to deliver more drivel about the
economy, i.e., proposing tax reforms that would erase some financial
incentives for companies to export high-paid jobs. Kerry's solution is
no solution, just more double speak. Bush's solution to a strong
economy is shipping more jobs off U.S. soil via "free" trade. If you
think I'm just blowing smoke, look at this map
and see the truth.

America is moving
towards service oriented jobs and those paychecks won't support those
big SUV payments and mortgages running close to two grand a month -
even with two incomes. If the horrific anti-American Free Trade of the
Americas treaty (FTAA) is illegally ratified by our counterfeit
Senators, it will spell the death knell for our legitimate
Constitutional Republic. Think I'm blowing smoke? This is as serious a threat to our
sovereign Republic as we have ever faced since the war for
independence.

If the two million
textile workers who lost their jobs over NAFTA & GATT and now work
for half what they were making before think those treaties are bad, the
FTAA will make NAFTA & GATT pale in comparison. Mark my words:
America is being reduced to third world status while greedy
corporations send good jobs overseas. Sell your stock and don't buy
their products; a list of
companies is found here under Exporting America. Use market forces
to re-establish our critical job bases. Tell retailers you want Made in
America or you will take your cash someplace else.

The coming
financial crisis that can't be stopped

Make no mistake
about it: there is a financial crisis coming that can't be stopped
unless drastic measures are taken in the next couple of years. The
chances of throwing out every member of Congress (except Ron
Paul and Tom Tancredo) are slim to none and this bodes disaster for our
nation. The seniors will flock to polls in November to vote for
Democrats who have given them "free" prescription pills and motorized
carts at your expense. The so-called conservatives will vote for Mr.
Bush because he talks about God a lot. In the meantime, the massive
invasion of our nation by illegals continues unchecked, our critical
job bases are disappearing and our freedoms are going right down the
chute of a one world totalitarian government.

America's middle
class have continued to vote themselves out of jobs because they vote
for the Democratic Party which promises to be "the friend of the
worker". Nothing could be further from the truth. Democratic
administrations, the same as every Republican administration and every
Congress since 1913, has lied to the American people about the
voluntary nature of the income tax, withholding
from their
paychecks, the 100% voluntary nature of social security
and a litany of other critical issues.

Poverty is growing
in America despite the astronomical amount of taxes being unlawfully
bled from the people. Sadly, too many still think their "income" tax
funds the federal government, but
it doesn't. Because tens of millions of Americans don't have the
inertia or intellectual capacity to grasp anything more complicated
than the TV guide, they will just continue clanking their chains and
allowing the fruits of their labor to be stolen from them. When
government steals the fruits of your labor, you are a slave.

There is no reason
for poverty in a bountiful land such as America. In 2002, 34.9 million
Americans didn't get enough to eat each day; more than 13 million were
children. Not through any fault of their parents, but because good
paying jobs have been wholesaled off U.S. soil, family farmers have been driven off
the land by corporate greed and the FED. Americans have destroyed
their own job bases by supporting politicians in Congress who have
betrayed this Republic by supporting these destructive and
unconstitutional trade treaties. The result is American workers in the
bread line while populations of foreign countries now have the jobs that
should have stayed here for our people.

I have been telling
Americans for the past 14 years what is coming, but few will listen
because Americans are too afraid of the truth. They don't want to know
what's just over the horizon. They want their material comforts and fun
times. A recent article was published that must be read by everyone (here).
Carolyn Lochhead has laid it out in frightening detail - all the
numbers of what is going to happen in four short years when the
baby boomers retire - 77 million of them. The numbers in Ms. Lochhead's
article are accurate. There is no money in the U.S. Treasury to
fund those numbers. The borrowing by Congress to fund their immoral
and unconstitutional wars, UN dues, 18% of the IMFs budget, billions in
corporate welfare, trillions in foreign "aid," all these social welfare
programs and basic government functions continues to rack up debt at a
rate of $1.69 BILLION dollars a day from an empty treasury. Quite a
trick.